Good morning on Bloomberg Radio, good morning on bloomberg television. Too much to talk about. You hear it within those voices, that maybe it is the morning after, and the vaccine is really not out there. Now we get into a churn of the immediate news. Jonathan it is a tugofwar between the forward outlook looking better and the nearterm outlook looking worse. A real divergence between the two. How policymakers navigate the former will allow markets to keep the help about the latter. That is the hope for the market. First half of the week about cyclical appetite. 500 downhalf, the s p 0. 6 and nasdaq futures just about positive on the day. Tom we are going to roll the data check here through because it is a mess this morning. I just saw a 93 print on dollar. That speaks to the resiliency of dollar. Weve had a weaker dollar, but we just seem to come back when the uncertainty reigns. Lisa that seems to be the theme with all of the uncertainty on the dollar. When there is a risk off feel, p
Conscience that my enthusiasm for some companies is completely infectious buy buy buy buy buy buy people want to own stocks and they want to open the stocks in the worst way. [ booing ] so when the market dips 80 points, i want to talk about the worst way. [ booing ] because i see that happening way too off and we have to stop it this market has had a spectacular run and that should make you more, not less cautious i dont know where the top will be, but i do know were a lot closer to the top than we were in march or april when it felt like the sky was falling before i get started, i want to thank twitter. Yes, twitter, for exposing me to the worst ways of buy, trading, and owning stocks. Were all stuck in our own little world right now we had a call for members of the action alerts plus club this afternoon where i answered questions. Most of the club members are people who like the stocks we own for the charitable trust, the household names. Look out, theyll buy anything and i mean som
You know im going to read some poems im going to think of some poems that america right now because we are the u. S. Dollar we are so we are the empire and you know robert frost said the woods is lovely dark and deep but i have promises to keep in many miles to go before i sleep and of course Emily Dickinson said something along the lines of because i could not stop for death you know i was just too busy i had all these things to do lunch appointments all that sort of stuff he kindly stopped for me the same thing is like were very busy i guess bit busier busier we have all sorts of cultural issues and partisan war and all this sort of stuff going on but if you look calmly around you you see that death has stopped kindly for the us empire and all its debt its easier to pretend our Economic System works and just blow endless asset bubbles yesterday saw the us comprehensively beat china not in any sporting sense and certainly not in any dimension of the current cold war for those who stil
Right now because we are the u. S. Dollar. We are so we are the empire and you know robert frost said the woods is lovely dark and deep but i have promises to keep in many miles to go before i sleep and of course Emily Dickinson said something along the lines of because i could not stop for death you know i was just too busy i had all these things to do lunch appointments all that sort of stuff he kindly stopped for me the same thing as like were very busy i guess bit busier busier we have all sorts of cultural issues and partisan war and all this sort of stuff going on but if you look calmly around you you see that death has stopped kindly for the us empire and all its debt its easier to pretend our Economic System works and just blow endless asset bubbles yesterday saw the us comprehensively beat china not in any sporting sense and certainly not in any dimension of the current cold war for those who still like to think the latter isnt happening just listen to what u. S. Attorney gene
I am actually geyser this is the kaiser of port. Blowing bubbles or who would. You know are blown bubbles you know a lot more about this plus some poetry from what i understand take it away stacy well were going to look at the end of an empire of debt we have had a global. Pile of debt since 1971 and it is blowing up in the says what we have been preparing me for for the past 10 years we believe its here and yet you know im going to read some poems im going to think of some poems that america right now because we are the u. S. Dollar we are so we are the empire and you know robert frost said the woods is lovely dark and deep but i have promises to keep in many miles to go before i sleep and of course Emily Dickinson said something along the lines of because i could not stop for death you know i was just too busy i had all these things to do lunch appointments all that sort of stuff he kindly stopped for me the same thing is like were very busy i guess bit busier busier we have all sort